[Tokyo 7th Archyde.com]–The Nikkei Stock Average is expected to continue declining on the Tokyo Stock Exchange today. In addition to the weak development of the US stock market last weekend, there is no way to recover from the crisis in Ukraine, and there are smoldering concerns about the prolongation of the situation. With the ceasefire talks between Russia and Ukraine being held on the 7th, it is likely to be a nervous development in response to related reports.
The expected range of the Nikkei average is 25,600 yen to 26,100 yen.
The US stock market fell on the 4th of the previous weekend. Employment statistics far exceeded market expectations and showed economic strength, but the situation in Ukraine weighed on. Markets are concerned about how Western sanctions against Russia will affect the international financial system.
According to February employment statistics, the number of non-farm payrolls increased by 678,000 from the previous month, significantly exceeding the market forecast of 400,000. The unemployment rate has improved to 3.8%, the highest level since February 2020.
The Ukrainian crisis shows no signs of easing, and markets are wary of prolonged conflicts. Chicago’s Nikkei average futures March contract (yen denominated) liquidation price was 25,870 yen, which is below the spot closing price (25,985.47 yen = 4 days) of the previous weekend, and Japanese stocks are expected to continue looking for a lower price again. There is.
It is said that Russia and Ukraine will hold a third ceasefire talks today. According to the market, “It is unlikely that negotiations will be held during the trading hours of the Tokyo stock market, but it is difficult to move due to concerns about the future of negotiations” (domestic securities). Today, the market is likely to be affected by reports related to the situation in Ukraine.
The main schedule is to publish trade statistics in February in China.
Last business day closing price Last year’s high price Last year’s low price
Nikkei 225 25985.47 30795.78 25774.28
– 591.80 September 14, 2021 March 4, 2022
Chicago Nikkei Average Futures Limit 25870 (yen denominated)